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Denver gave developers a chance to avoid a new income-restricted housing mandate and plenty of firms wanted to be grandfathered in.
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Denver gave developers a chance to avoid a new income-restricted housing mandate and plenty of firms wanted to be grandfathered in.
The entire project, including the 158 apartments in the existing nine-story Boston building and eight-story Kistler building, would have a total of 585 units.
The sale of the six-bedroom, six-bathroom home could shorten the sentence Tysdal receives later this month.
Dan Whitehead, founder of a wealth management firm, and his wife call the custom mansion they moved into last year “Shoots & Ladders.”
The developer plans to build five-to-seven-story buildings with about 85,000 square feet of ground-floor retail space topped by about 380 residential units.
“I was worried that someone was going to buy it, and it wasn’t going to be for the community anymore,” said Nora Baldwin. “So, I jumped on the purchase.”
The 19,112-square-foot structure at 1834 Blake St. dates to 1939. The buyer paid about $288 per square foot.
A five-story, 235-unit complex is planned for the 1.3 acre site. The deal works out to about $209 a square foot.
CMK’s planned 858-unit residential development on Stout Street would feature three towers rising from a shared podium.
Denver-based Nichols Partnership is fashioning microunits out of the former Art Institute of Colorado building just south of downtown.
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